Equity Multiple. The “Equity Multiple” described in Section 5.01 shall equal all actual distributions made by the Company to KBS pursuant to this Agreement divided by all of KBS’s capital contributions to the Company. The Equity Multiple shall be agreed upon by JV Member and KBS, in their reasonable good faith judgment.
Appears in 2 contracts
Samples: Limited Liability Company Agreement, Limited Liability Company Agreement (KBS Strategic Opportunity REIT, Inc.)
Equity Multiple. The “Equity Multiple” described in Section 5.01 shall equal all actual distributions made by the Company to KBS pursuant to this Agreement divided by all of KBS’s capital contributions to the Company. The Equity Multiple shall be agreed upon by JV Member and KBS, in their reasonable good faith judgment.
Appears in 2 contracts
Samples: Limited Liability Company Agreement (KBS Strategic Opportunity REIT II, Inc.), Limited Liability Company Agreement (KBS Strategic Opportunity REIT II, Inc.)
Equity Multiple. The “Equity Multiple” described in Section 5.01 shall equal all actual distributions made by the Company to KBS pursuant to this Agreement divided by all of KBS’s capital contributions to the Company. The Equity Multiple shall be agreed upon determined by JV Member and KBS, in their its reasonable good faith judgment.
Appears in 2 contracts
Samples: Limited Liability Company Agreement (KBS Strategic Opportunity REIT II, Inc.), Limited Liability Company Agreement (KBS Strategic Opportunity REIT II, Inc.)
Equity Multiple. The “Equity Multiple” described in Section 5.01 below shall equal all actual distributions made by the Company to KBS Member pursuant to this Agreement divided by all of KBSKBS Member’s capital contributions to the Company. The Equity Multiple shall be agreed upon by JV Member and KBS, in their reasonable good faith judgment.
Appears in 1 contract
Samples: Limited Liability Company Agreement (KBS Strategic Opportunity REIT II, Inc.)